Business News

Last updated: Saturday, December 20, 2014 7:20:06 PM

Bharti Airtel, IFFCO enter into strategic partnership
New Delhi, May 2 (IANS) Bharti Airtel, India's leading mobile phone service provider, Friday entered into a strategic partnership with state-run Indian Farmers Fertiliser Cooperative Ltd (IFFCO) to offer telephony services to farmers in the country's hinterland.

Friday, May 02, 2008 4:16:51 PM

CERS sounds warning on inferior Chinese lamps
Ahmedabad, May 2 (IANS) A test done recently on decorative lamps by the Consumer Education and Research Society (CERS) here has revealed that Chinese lamps were not only of inferior quality but posed health hazards too. The lamps are commonly used during festivals and weddings.

Friday, May 02, 2008 4:14:54 PM

MRF to set up new radial tyre plant
Chennai, May 2 (IANS) Automobile tyre manufacturer MRF Ltd has signed a memorandum of understanding (MoU) with the Tamil Nadu government Friday to set up a radial tyre plant in Perambulur district.

Friday, May 02, 2008 4:14:32 PM

Reliance Power acquires coal mines in Indonesia
Mumbai, May 2 (IANS) Anil Ambani promoted Reliance Power Ltd said Friday it has acquired three coal mines in Indonesia with total reserves of two billion metric tonnes.

Friday, May 02, 2008 4:03:41 PM

India's inflation rate now at 42-month high (Lead)
New Delhi, May 2 (IANS) India's annual rate of inflation shot up to a 42-month high of 7.57 percent for the week ended April 19, even as Finance Minister P. Chidambaram appealed to the people Friday to remain calm with an assurance that prices will be tamed soon.

Friday, May 02, 2008 4:03:07 PM

Dubai's Rostamani group keen on investing in India
Chennai, May 2 (IANS) The Dubai-based AW Al Rostamani group, having interests in automobile dealerships, real estate, logistics and IT, is looking for investment opportunities in India, company officials said.

Friday, May 02, 2008 4:02:52 PM

Coastal Energen to import equipment for Tuticorin power plant
Chennai, May 2 (IANS) Coastal Energen Pvt Ltd, an arm of Dubai's Coal and Oil group, is in discussions with power equipment makers in China, South Korea and the US for importing boilers and turbine generators for its 1080 MW thermal power project in Tuticorin in Tamil Nadu, a company official said.

Friday, May 02, 2008 4:00:53 PM

MMTC in tie-up with Swiss firm for gold coins
New Delhi, May 2 (IANS) The state-run Minerals and Metals Trading Corp (MMTC) has tied up with Swiss company Produits Artistiques Metaux Precieux (PAMP) to make gold and silver medallions and coins, a top executive said Friday.

Friday, May 02, 2008 3:42:16 PM

NYSE proposal for commodity exchange among 15 approved
New Delhi, May 2 (IANS) A proposal from the New York Stock Exchange (NYSE) for a 5 percent stake in a commodities exchange, worth Rs.2.18 billion ($55 million), is among the 15 schemes approved by Finance Minister P. Chidambaram, an official statement said Friday.

Friday, May 02, 2008 1:39:20 PM

Markets trading in green in afternoon trade
Mumbai, May 2 (IANS) The Indian equities market continued to trade in green in early afternoon trade Friday despite rise in inflation. Inflation for the week ended April 19 rose to 7.57 percent against 7.33 percent the week before. Except metal, all sectoral indices were in green.

Friday, May 02, 2008 1:13:50 PM

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